New solar antidumping tariffs are on the way, said Roth
The solar industry experienced project delays and cancellations when antidumping and countervailing duty (AD/CVD) tariff enforcement threatened supply in the past. Another round may be on the way as soon as this April, said a note from Roth Capital Partners.
First Solar to power its module factory in India with solar and wind
Cleantech Solar says it plans to develop 150 MW of solar and 16.8 MW of wind in India, supplying around 7.3 GWh of clean electricity to First Solar’s new 3.3 GW vertically integrated solar factory in the state of Tamil Nadu. The solar component of the project will use First Solar’s India-made Series 7 modules.
Gautam Solar introduces N-type TOPCon solar modules
The company released product lines for residential, commercial, and utility-scale applications for the U.S. market.
U.S. and India launch joint renewable energy tech platform
The renewable energy platform has an initial focus on green hydrogen, wind power, long-duration energy storage, and the exploration of geothermal energy.
Vikram Solar announces $1.5 billion vertically integrated manufacturing operation
Vikram reports that its new joint venture will build a 4 GW solar module production facility in Brighton, Colorado, followed by a wafer and ingot facility in a Southern State.
First Solar Q1 2023 revenue down, with investments in U.S. facilities taking precedent
Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
Prescinto secures deal with energy storage major in USA
India-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has expanded beyond wind and solar into the rapidly accelerating energy storage market and added North America to its growing international portfolio.
Reliance Industries to acquire majority stake in U.S. solar startup
Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle.
Microsoft to purchase power from a 100 MW Amplus Solar project in India
On the road to becoming carbon negative, Microsoft increases the amount of zero-carbon electricity it’s procuring through long-term contracts.
Analyst predicts extent of rise in this year’s solar capital costs
Wood Mackenzie this week made a slew of predictions for the industry in 2022 and noted the effects the US’ recently announced anti-circumvention investigation is already having on utility scale plans.
